The US-based carrier said momentum in the trans-Pacific market was strong during the second quarter and expects the trend to continue until October.
An influx of additional cargo volumes as carriers seek to avoid hostilities in the Persian Gulf has gridlocked Saudi Arabia’s port of Jeddah, a critical gateway on the Red Sea.
It is shaping up to be a profitable year for the ocean carrier's new CEO Till Ole Barrelet, who took over the top job from Jeremy Nixon on July 1.
